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New Delhi (PTI): India's first Grand Prix badminton event, carrying qualification points for Beijing Olympics, will take place from April 1-6 in Hyderabad.

The tournament, which was scheduled for last September but postponed after the bomb blasts in Hyderabad, will have $130,000 as prize money and will feature some of the top players in the world.

"This will be the last qualification tournament for the Beijing Olympics. There are already 10 Grand Prix tournaments carrying Olympic qualification points but IBF has added this tournament to the list and we are thankful for this," Badminton Association of India President V K Verma said.